Globalization and the Managed Devaluation of the Western Social- Welfare Democracies

Real and raw economic insecurity is driving the electoral turmoil on both the left and the right. The anxiety is energized by the brutal awareness that the deep seated, Liberal-Enlightenment belief in perpetual economic prosperity and political influence is colliding with the emergence of a new economic and political paradigm characterized by rapidly diminishing human value and the end of the nation-state. In this free-wheeling episode, "Globalization and the Managed Devaluation of the Western Social- Welfare Democracies," we investigate what the new economic and political paradigm means for our sense of "value," our income potential, happiness, and political efficacy. Enjoy.